What is it? The simplest gift arrangement. A contract in which a non-profit agrees to pay you back a percentage of your gift annually for your lifetime. Charitable Gift Annuities typically enjoy a high rate of return than most investments. This opportunity gives you the chance to provide for your family and your financial future.
- A larger charitable gift than you thought you could afford
- An opportunity to reduce estate taxes and probate costs
- A charitable income tax deduction for the year
- A guaranteed security
- A new source of lifetime income
Is There a Minimum Contribution?
The annuity can be contracted through a minimum contribution of $10,000 in cash or tangible securities.
What are the Tax benefits?
Immediate income tax deduction for part of the gift’s value, and capital gains spread out over the life expectancy.
What are some other benefits?
Charitable gift annuities give you and/or another beneficiary a set income for life.
How will the money be used?
Some people choose to leave their charitable dollars to be used at the discretion of the needs of Miller-Keystone Blood Center. However, you can choose where your gift is to go based on your charitable interests, such as the improvement of equipment for testing of blood, purchase of new bloodmobiles, educational programs, health and human services.
What is the next step?
Simply call the Development Department at Miller-Keystone Blood Center at 610-691-5850. Normally, the agreement is one or more pages. Miller-Keystone Blood Center is a 501(c) 3 non-profit organization. We advise all prospective donors to seek the advice of their financial advisor before entering into an annuity agreement.
This is a way to take care of your financial future and a kind way to give back others.
Miller-Keystone Blood Center is a non-profit, 501(c)3 charitable organization, and your contributions are tax-deductible to the extent allowed by the law.